Zynga Inc. (ZNGA) Stock Price Analysis:
Zynga Inc. (ZNGA) stock is currently showing downward return of -1.61% throughout last week and witnessed decreasing return of -8.48% in one month period. The stock price decreased -1.61% in three months and mounted 0.82% for the last six months trading period.
ZNGA indicated a yearly up return of 42.80% while year-to-date (YTD) return printed -8.25% decreasing outlook. The stock price moved -15.44% off its 50 Day low and changed 0.55% to its 50 Day high.
The recent session has given its stock price a 52.92% positive lead over its 52-week low and showed down move of -15.44%over its 52-week high. The stock price volatility remained at 2.63% in recent month and reaches at 2.21% for the week. The Average True Range (ATR) is also a measure of volatility is currently sitting at 0.1
Zynga Inc. (ZNGA) closed the Monday session at final price of $3.67 after traded 7668834 shares. The average volume was noted at 10785.6K shares while its relative volume was seen at 0.71. The stock has current RSI value of 34.77. The relative strength index (RSI) reflected overbought area when it is above 70 and notifies oversold level when it is below 30. Short Ratio of stock is 1.44. Zynga Inc. is a part of Technology sector and belongs to Multimedia & Graphics Software industry.
It is a positive indicator for investor portfolio value — when the price of a stock Investor owns goes up in value. On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. After the giving short look at one day return of Zynga Inc. it is observed that ZNGA reported fall return of -1.61% in last trading session.
Zynga Inc. (ZNGA) stock price traded at a gap of -4.55% from an average price of last twenty days and stands at a distance of -6.41% away from it’s an average price of recent fifty days. Take a look at most-well known 200-day moving average which averages prices over the past 200 days. The 200-day moving average is the standby for long-term investors.
At present time the stock is moving 0.03% away to its 200-day moving average. It goes without saying that investors should not rely solely on any one technique. However, applying moving-average strategies in conjunction with portfolio diversification and prudent money management may reduce one’s risk substantially.